STG does not require a survey in order to give extended coverage as to survey
matters in Loan Policies issued on 1-4 family residential properties. You may
delete the survey exception without any inspection or additional requirements.

You should continue to except to easements of record and any significant encroachments
or unrecorded easements of which you have actual knowledge, either by a prior
survey in your possession, your search, or information obtained from a starter
policy which conforms to STG requirements.

These 1-4 family residential policies can be either subdivision lots or acreage
tracts under 25 acres.

In addition, STG will no longer require a survey in order to give extended
coverage as to survey matters in Loan Policies issued on commercial transaction
with liabilities of up to $5,000,000.00. Exceptions are to be shown as outlined
above.

You may issue the ALTA Form 9 Endorsement or CLTA Form 100 Endorsement (or
similar Endorsement available in your jurisdiction) on Loan Policies covering
1-4 family residential properties or on Loan Policies relating to commercial
transactions of up to $5,000,000 without a survey, if you comply with the above
requirements and if you comply with our other requirements for issuance of
these endorsements.

Owner's Policies and Construction Loan Policies are not covered by this
bulletin.

If you have any questions, please call your Stewart
Underwriting Representative or the National Legal Department.

THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.